Qard Current Account – i

(Protected by PIDM up to RM250,000 for each depositor)

Bank Islam offers the Current Account facility for safe custody of your cash. This facility, which is based on the Qard contract, enables you to wisely plan your monthly expenditure and allows you to manage your financial needs without involving cash.

Benefits & Features

Benefits

Bankcard facility (for Individual / Joint account & Private Company Account Only)
Salary crediting & sweeping facility
‘Standing Instruction’ facility for payment of bills and others
Hibah may be given on a monthly basis based on the Bank’s discretion
Others facilities:
- Internet Banking
- TAP Mobile Banking-i

Electronic Banking Facilities

ATM

Cash withdrawal
Fund transfer
Statement request
Utility bills payment
Zakat payment
Tabung Haji transaction
Internet Banking (bankislam.biz) registration
PIN Change
MEPS Cash inquiry and withdrawal

e-Debit

The e-Debit (electronic funds transfer at point of sale) is a service where consumers pay their purchases using Bankcard and Personal Identification Number (PIN). The purchase amount will be deducted directly form either their Savings or Current Account.

MEPS Cash

MEPS Cash is an e-Purse application in your Bankcard, which stores a specific amount of monetary value loaded from ATM account, which can be used to make small purchases. MEPS Cash is a convenient method for making your routine daily purchases.

Contract

Qard

The Customer shall give consent to the Bank to deal with the whole or any part of any balances in the account in the manner that the Bank deems fit. Any profit generated by the Bank from the use of the funds shall belong to the Bank. The Bank may at its absolute discretion, give reward (Hibah) to the Customer. Subject to the terms hereof, the Bank guarantees payment of the whole sum standing to the credit of the Customer’s account upon demand.